Trump Policies Cost US $90 Billion in Tourism

The United States economy is bracing for substantial losses in tourism revenue, potentially reaching $90 billion, due to a decline in international visitors linked to the policies and rhetoric of former President Donald Trump. A recent report by Bloomberg, citing estimates from Goldman Sachs Group Inc., indicates a nearly 10% decrease in foreign travel to the US over the past year. This downturn translates to a potential 0.3% reduction in the nation’s gross domestic product.

The report highlights a growing reluctance among international travelers, fueled by concerns over increased border hostility, escalating geopolitical tensions, and broader global economic instability. The shift in sentiment is demonstrably impacting spending habits.

Curtis Allen, a 34-year-old Canadian videographer, exemplifies this trend. He cancelled a planned US trip following the implementation of Trump-era tariffs, stating a preference for directing his tourism dollars elsewhere. Allen’s actions extend beyond travel; he’s also cancelled his Netflix subscription and is actively boycotting US products in favor of alternatives, a practice he says now adds significant time to his grocery shopping.

The impact is already visible in key tourism regions. Hotel rates in the Northeastern US have experienced an 11% drop in recent weeks, accompanied by declines in airfare and car rental costs in March.

This situation underscores the significant economic consequences that can arise from political factors influencing international perceptions and travel decisions. While quantifying the precise impact of any single factor is complex, the data strongly suggests a correlation between the previous administration’s policies and a demonstrable decline in valuable tourism revenue. The US tourism sector, historically a robust contributor to the national economy, appears to be facing a prolonged period of recovery as it navigates these shifting global dynamics.